TWO PROBLEMS AND FIVE SOLUTIONS

One of the signatures of the 1930's with all the ups and downs of the economies , currencies, debts, markets and inflation was that so many people literally went mad...they went crazy trying to digest all that matters. In the end, they simply walked away many broke and broken.....it ended of course in a world war.

This past holiday weekend cycled over and over all the bear stories, many very prominent investors threw in the towel saying SELL everything....they just could not take it any more...they were afraid after a sharp almost record setting sell off the past three weeks....it scared us too! So it is natural that the market has a dramatic very over sold bounce right now....the death of socialism will take time.

The two problems: Lawyers and career politicians.
The five solutions: a) Mandate all public office holders have a minimum of ten years experience in the private sector. b) Mandate that the government can't exceed a certain percentage of a local and national economy....say 20%. c) Simplify tax and business law....a flat tax would be easiest. d) Redefine clear and present danger....to the sovereignty of the USA...Should Congress have the ability to spend one trillion in Iraq and then simultaneously spend yet another one trillion in Afghanistan?? e) Mandate balanced budgets.

The press continues to smooth over the real stories.....Bloggers are getting the truth out.....
Illinois can't pay it's bill's, why business isn't hiring, why wdc,llc took so long to act in the Gulf, WHY DEFICITS MATTER, why Europe is failing, why wdc,llc., is so out of touch with reality....

The transfer of wealth from financial assets to hard assets is underway....the smartest most profitable investor of the past three years is bullish on real estate.

Bloomberg.com says today, 57% of Americans think they are over weight and two thirds say they have begun to change their eating habits!

The HBR says, "The lessons for leaders: YOUR JOB IS TO PROVIDE RESOURCES AND SUPPORT THAT BUILD THE CONFIDENCE OF THE PLAYERS IN THEMSELVES, EACH OTHER, THE TEAM, AND THE CONTINUITY, AND COLLABORATION SHOULD NOT BE LUXURIES OR LIP SERVICE; THEY CREATE THE MARGIN OF VICTORY."

The former chairman of the Federal Reserve stated recently...."The government could quickly discover the limits of its borrowing capacity." WE agree..

Danny Boy seen here.....thinks things are finally getting pretty much black and white.